US businessman and best-selling creator Robert Kiyosaki continues to see huge potential in Bitcoin regardless of the present worth stoop. In a tweet from at present, he predicts that the BTC worth will attain $100,000. However, he doesn’t reveal a timeframe for this.
In the tweet, Kiyosaki shared his love for Bitcoin, citing its independence from governments, monetary establishments and central banks as one of many major causes for his prediction. According to the creator of the best-selling e book “Rich Dad, Poor Dad,” this characteristic makes BTC a safer funding than conventional belongings like shares and bonds. He tweeted:
I believed BTC completed. Slowly watched BTC climb to $6 ok & I purchased heaps. WHY? Because individuals assist BTC not FED or Gov. BTC didn’t want FED or Gov bailout as a result of BTC individuals’s cash. BTC to $100k. Long reside BTC.
If Bitcoin had been to succeed in this worth, BTC’s market cap can be roughly $1.935 trillion. This would nonetheless depart Bitcoin’s market cap seven instances decrease than gold’s ($13.19 trillion) at present values.
Kiyosaki Advises Bitcoin As Well As Gold, Silver
In addition, the creator additionally commonly recommends shopping for gold and silver in his tweets. He justifies this funding recommendation with an anticipated rise within the worth of valuable metals. Remarkably, the creator shouldn’t be alone in doing so.
But his desire for Bitcoin has different causes. In a tweet on Tuesday, Kiyosaki wrote that the BTC worth will proceed to rise regardless of a 100% improve in a yr. “I’m betting on it,” defined the creator, who additionally revealed that he has been shopping for extra gold and silver along with Bitcoin. “Why? Because the Fed, Treasury and Biden are liars,” Kiyosaki stated.
In mid-March, he elaborated on that assertion in additional element. The wealthy dad defined that Federal Reserve Chairman Jerome Powell has been fooling everybody. According to him, this can lead to an enormous scale crash in conventional markets:
FED’s Powell F’ed everybody. Raising rates of interest will crash shares, bonds, actual property, & $ US greenback. NEXT CRASH: $ 1 quadrillion derivatives market. $ 1 quadrillion is $1 thousand trillion. God have mercy on our world. Klaus Schwab owns Powell, Yellin, & Biden’s souls.
Robert Kiyosaki Invests In Bitcoin Since 2020
Digging by the multi-millionaire’s Twitter feed, one can discover Kiyosaki’s enthusiasm for Bitcoin is relationship again to 2020. On the primary of April 2020, one in every of his first tweets surfaced wherein Kiyosaki beneficial shopping for Bitcoin along with gold.
In mid-May 2020, he introduced that he had made additional investments in gold and silver. In addition, he proclaimed for the primary time publicly that he had additionally invested in BTC. By his personal account, he purchased BTC at a worth of $9,800. However, it’s unclear whether or not this was Kiyosaki’s first Bitcoin funding or whether or not it was a re-buy.
At press time, BTC was nonetheless struggling to carry above $28,000.
Featured picture from 5ROI Global Info, chart from TradingView.com
